HCA Healthcare (HCA) Debt Ratio (2010 - 2026)
HCA Healthcare (HCA) posted quarterly Debt Ratio of 0.82 for Q2 2026, up 2.56% year-over-year from 0.8 in Q2 2025, and up 5.39% quarter-over-quarter from 0.78 in Q1 2026.
HCA Healthcare (HCA) Debt Ratio (2010 - 2026) Analysis & Trends
HCA Healthcare (HCA) has reported Debt Ratio for 17 consecutive years, with 0.82 the latest figure, recorded in Q2 2026.
- In Q2 2026, Debt Ratio rose 2.56% year-over-year to 0.82; the TTM figure through Jun 2026 stood at 0.82 (up 2.56% YoY), while the FY2025 annual figure was 0.81, up 12.0% from the prior year.
- Debt Ratio advanced to 0.82 in Q2 2026 per HCA's latest filing, from 0.78 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.82 in Q2 2026 and bottomed at 0.7 in Q4 2023.
- Historically, Debt Ratio has averaged 0.75 across 5 years, with a median of 0.73 in 2022.
- Annual changes were most pronounced in 2024 — Debt Ratio declined 8.46% — and 2025, when it grew 12.83%.
- HCA Healthcare's Debt Ratio stood at 0.73 in 2022, then decreased by 3.02% to 0.7 in 2023, then grew by 2.65% to 0.72 in 2024, then grew by 12.0% to 0.81 in 2025, then gained by 1.7% to 0.82 in 2026.
- Business Quant data shows HCA's Debt Ratio at 0.82 in Q2 2026, 0.78 in Q1 2026, and 0.81 in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | HCA Healthcare | 88.19 Bn | 90.61 Bn | 15.19 Bn | 0.82 |
| 2 | Tenet Healthcare | 21.59 Bn | 21.56 Bn | 4.45 Bn | 0.43 |
| 3 | Encompass Health | 12.19 Bn | 12.86 Bn | 1.34 Bn | 0.35 |
| 4 | Davita | 11.52 Bn | 12.39 Bn | 1.16 Bn | 0.61 |
| 5 | Ensign | 10.59 Bn | 10.27 Bn | 306.24 Mn | 0.02 |
| 6 | Universal Health Services | 8.79 Bn | 8.72 Bn | 3.29 Bn | 0.36 |
| 7 | Pacs | 7.04 Bn | 6.88 Bn | 338.46 Mn | 0.04 |
| 8 | Chemed | 6.96 Bn | 6.92 Bn | 221.47 Mn | 0.09 |
| 9 | Concentra Group Holdings Parent | 4.52 Bn | 4.38 Bn | 192.10 Mn | 0.52 |
| 10 | Option Care Health | 3.59 Bn | 3.39 Bn | 267.25 Mn | 0.34 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.82 |
| Mar 31, 2026 | 0.78 |
| Dec 31, 2025 | 0.81 |
| Sep 30, 2025 | 0.82 |
| Jun 30, 2025 | 0.80 |
| Mar 31, 2025 | 0.75 |
| Dec 31, 2024 | 0.72 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.71 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.72 |
| Jun 30, 2023 | 0.73 |
| Mar 31, 2023 | 0.77 |
| Dec 31, 2022 | 0.73 |
| Sep 30, 2022 | 0.73 |
| Jun 30, 2022 | 0.75 |
| Mar 31, 2022 | 0.72 |
| Dec 31, 2021 | 0.68 |
| Sep 30, 2021 | 0.66 |